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The Filice Law Journal

Welcome to the Filice Law Journal — a collection of insights, updates, and straight talk on the legal issues that affect your life and business. Whether you’re buying a home, navigating separation, planning your estate, or launching a new venture, you’ll find practical guidance written in plain language, drawn from real client questions and everyday legal challenges.

Must Sellers Disclose Cannabis
Buying

Must Sellers Disclose That Cannabis Was Cultivated In Their Home?

Are you considering buying or selling a home that may have been used for cannabis cultivation? The stigma surrounding cannabis can significantly impact property values and buyer perceptions. In fact, nearly half of Canadians would think twice before purchasing a home with a cannabis-growing history. But what are the legal obligations for sellers? Do realtors have to disclose this information? Discover the complexities of cannabis cultivation in real estate, the potential risks, and how to navigate this evolving landscape. Whether you’re a buyer or seller, understanding these nuances is crucial in today’s market.

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Tips for Avoiding Overspending on a New Home
Buying

Tips For Avoiding Overspending On a New Home

Are you ready to buy a new home in Ontario but worried about overspending? You’re not alone! Many buyers find themselves caught in bidding wars or emotionally attached to properties, leading to costly compromises. With nearly one-third of homeowners struggling to afford more than their mortgage, it’s crucial to plan carefully. Discover essential tips to help you stay within your budget, avoid unexpected expenses, and make financially sound decisions. From seeking expert guidance to finding creative ways to enhance your offer, learn how to navigate the home-buying process without feeling trapped by your finances.

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What is a cohabitation agreement and why do I need one?
Cohabitation Agreements

What Is a Cohabitation Agreement and Why Do I Need One?

Are you considering moving in with your partner? Before taking that step, it’s crucial to understand the importance of a cohabitation agreement. Unlike married couples, common-law partners lack automatic legal protections regarding property and financial rights. A well-drafted cohabitation agreement can safeguard your assets, outline responsibilities, and provide clarity in case of separation or unforeseen circumstances. Whether you’re renting, sharing a home, or buying property together, having this agreement in place is a proactive way to ensure mutual respect and security in your relationship. Discover how a cohabitation agreement can benefit both you and your partner.

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Is now a good time to incorporate
Corporate & Commercial

Is Now a Good Time to Incorporate?

Is now the right time for your business to incorporate? As your company evolves, so too should its structure. Incorporating offers numerous benefits, including limited liability protection, tax advantages, and enhanced credibility. Whether you’re considering federal or provincial incorporation, understanding the process is crucial. From selecting a unique name to preparing articles of incorporation, careful planning is essential. Don’t miss out on the opportunity to streamline your business operations and facilitate growth. Explore the advantages of incorporation and ensure your business is positioned for success in today’s competitive landscape. Discover how to navigate this significant step with confidence!

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Doing Your Homework Before You Buy a Business
Corporate & Commercial

Doing Your Homework Before You Buy A Business

Making the decision to purchase a business can be thrilling, filled with visions of expansion and increased profitability. However, thorough homework is essential to mitigate risks and make informed choices. Whether you’re drawn to franchise ownership with its established systems or the autonomy of independent ownership, understanding your personal circumstances, goals, and financial standing is crucial. Dive into the world of business ownership with confidence by exploring the key considerations that will guide your journey. Prepare yourself for a rewarding adventure that could transform your aspirations into reality!

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Steps to take When Your Business Partnership is Ending
Corporate & Commercial

Steps To Take When Your Business Partnership Falls Apart

Ending a business partnership can be as challenging as any personal relationship, fraught with trust issues and complications. To navigate this difficult transition, it’s crucial to take proactive steps to protect yourself and your company. From shoring up cybersecurity to reviewing your partnership agreement and communicating effectively with stakeholders, each step plays a vital role in ensuring a smooth dissolution. Discover essential strategies to safeguard your interests and maintain stability during this tumultuous time. Read on to learn how to manage the complexities of a partnership breakup effectively.

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